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Makes satellite-navigation (BeiDou/GNSS) chips, modules and terminals for mapping, timing and location applications.
Makes satellite-navigation (BeiDou/GNSS) chips, modules and terminals for mapping, timing and location applications.
In one line: A Chinese GPS/GNSS module and solutions maker, similar niche to Trimble/u-blox.
Moat: narrow (regulatory licence, IP / patents, installed base). Benefits from China's BeiDou satellite system rollout and government-linked positioning programs.
Headquarters: Beijing, China · Founded: 2000 · Employees: 2,656
Size Beijing BDStar Navigation (002151.SZ) is a China Information Technology company (Semiconductors) with a market value of $2.10B, the 1205th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥26.05 on 6 Nov 2026.
Performance Over six months the shares fell 36.3%, against -32.6% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 34.9% over the last twelve months (peer median +12.1%); the operating margin is -14.2% (peer median 6.1%).
Valuation It trades at 5.1× enterprise value to sales against a peer median of 7.5× (9th cheapest of 21).
Capital Return on invested capital runs 12.4 points below its cost of capital (9.2% WACC).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.61B | CN¥2.20B | CN¥1.49B | CN¥4.07B | CN¥3.81B |
| Revenue growth | — | +48% | -63% | +7% | — |
| Gross profit | CN¥1.01B | CN¥628M | CN¥354M | CN¥666M | CN¥965M |
| EBITDA | n/a | -CN¥62.1M | -CN¥225M | -CN¥191M | CN¥262M |
| Net income | -CN¥254M | -CN¥257M | -CN¥350M | CN¥161M | CN¥145M |
| Free cash flow | CN¥7.41M | CN¥190M | -CN¥230M | -CN¥525M | -CN¥595M |
| Capital expenditure | CN¥204M | CN¥224M | CN¥178M | CN¥322M | CN¥364M |
| Total debt | CN¥196M | CN¥256M | CN¥277M | CN¥180M | CN¥1.03B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Beijing BDStar Navigation 002151.SZ | $2.10B | -36% | +35% | -14% | 5.1× | n/a |
| Trimble TRMB | $12.6B | -11% | +7% | 18% | 3.6× | 15.3% |
| Bozhon Precision Industry Technology 688097.SS | $3.00B | -23% | +74% | 7% | 2.5× | n/a |
| Shanghai HuaCe Navigation Technology 300627.SZ | $2.44B | -35% | 0% | 13% | 4.2× | 18.6% |
| Beijing UniStrong Science & Technology 002383.SZ | $712M | -30% | -1% | -15% | 3.9× | n/a |
| Hexagon HEXA-B.ST | $29.4B | +14% | -20% | -14% | 6.0× | 9.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002151.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.7% | -20.9% | 6th highest of 21 |
| 6-month return | -36.3% | -32.6% | 10th lowest of 21 |
| Distance from 52-week high | -61.1% | -56.9% | 8th lowest of 21 |
| Revenue growth (TTM) | +34.9% | +12.1% | 6th highest of 21 |
| Operating margin | -14.2% | 6.1% | 3rd lowest of 21 |
| EV / Sales | 5.1× | 7.5× | 9th cheapest of 21 |
| ROIC minus cost of capital | -12.4 pp | -6.1 pp | 6th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Beijing BDStar Navigation 002151.SZ | China | $2.10B | -36% | +35% | -14% | 5.1× | n/a | n/a |
| China Wafer Level CSP 603005.SS | China | $2.10B | -31% | +7% | 23% | 8.0× | 28.3% | +6.2% |
| Micronics Japan 6871.T | Japan | $2.11B | -33% | +38% | 28% | 3.7× | n/a | n/a |
| Ferrotec 6890.T | Japan | $2.08B | -19% | +43% | 12% | 1.2× | n/a | n/a |
| Elmos Semiconductor ELG.DE | Germany | $2.13B | -36% | +9% | 20% | 3.0× | 12.9% | +20.2% |
| Shanghai Belling Corp.,Ltd 600171.SS | China | $2.14B | -30% | +11% | 4% | 3.8× | 39.4% | +19.1% |
| Union Semiconductor (Hefei) 688403.SS | China | $2.15B | -14% | +13% | 3% | 7.5× | n/a | n/a |
| Guangdong Tianyu Semiconductor 2658.HK | Hong Kong | $2.17B | -3% | +52% | -30% | 23.1× | n/a | n/a |
| nLIGHT LASR | United States | $2.19B | +72% | +43% | -5% | 6.0× | 39.2% | +3.2% |
| Wuxi Taclink Optoelectronics Technology 688205.SS | China | $2.20B | -62% | +20% | 3% | 13.5× | n/a | n/a |
| Xiamen UX IC 688807.SS | China | $2.22B | -48% | +26% | 13% | 23.7× | n/a | n/a |
| Ennostar 3714.TW | Taiwan | $2.23B | -23% | -5% | -13% | 2.7× | n/a | n/a |
| POWI POWI | United States | $2.25B | -45% | +2% | 8% | 4.4× | 35.9% | -1.9% |
| GCL System Integration Technology 002506.SZ | China | $2.26B | -39% | -32% | -10% | 1.8× | 31.8% | +20.8% |
| Southchip Semiconductor Technology (Shanghai) 688484.SS | China | $1.95B | -21% | +9% | -2% | 3.7× | n/a | n/a |
| HPSP 403870.KS | South Korea | $1.95B | -37% | -20% | 53% | 15.0× | 15.6% | +23.1% |
| Xiamen Changelight 300102.SZ | China | $2.26B | -50% | -38% | -2% | 7.5× | 34.6% | +21.1% |
| Giantec Semiconductor 688123.SS | China | $2.27B | -23% | +13% | 22% | 9.8× | 39.2% | +19.8% |
| Hermes Testing Solutions 7856.TWO | Taiwan | $2.29B | -32% | +52% | 12% | 30.8× | 52.1% | +51.8% |
| Chunghwa Precision Test Tech 6510.TWO | Taiwan | $2.30B | -37% | +24% | 32% | 12.4× | 24.4% | +2.7% |
| Chengdu Sino-Microelectronics Tech 688709.SS | China | $1.90B | -47% | -15% | -19% | 21.9× | n/a | n/a |